Robbins LLP is Investigating the Officers and Directors of Porch Group, Inc. on Behalf of Investors
Robbins LLP is investigating Porch Group, Inc. (NASDAQ: PRCH) to determine whether certain Porch Group officers and directors violated securities laws and breached fiduciary duties to shareholders by engaging in a conflicted SPAC process. In December 2020, special purpose acquisition company PropTech Acquisition Corp. (PTAC) completed a business combination with Porch.com, after which the Company proceeded to operate as Porch Group, Inc. At its height, Porch Group shares traded over $27.00 per share. Today, the shares trade under $1.00.
What Now: Porch Group, Inc. shareholders have legal options. If you owned shares of PropTech Acquisition Corp. at the time of the business combination and have incurred significant loss in the stock, contact us for more information about your rights.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
